The Bank of Canada on Wednesday cut its overnight interest rate by 25 basis points, as widely expected for a second consecutive time, to support an economy facing pressure from U.S. tariffs. The bank ...
After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%. The ...
The USD/CAD exchange rate remained in a tight range last week as market participants waited for the upcoming Bank of Canada (BoC) and Federal Reserve interest rate decisions. It was trading at 1.3800, ...
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BoC holds rate in December 2025: What is the Bank of Canada interest rate and how does it impact you?
As of December 2025, the Bank of Canada interest rate remains 2.25%. With just three weeks before year-end, the Bank of Canada did not offer additional relief to borrowers aftter two consecutive rate ...
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